Jan £	Feb £	Mar £	Apr £					YTD £	Bdgt £	Variance £
Turnover
Shoes	18737	17562	18870	18432					73600	73600	0
Boots	29913	18431	12222	7134					67700	67700	0
Sandals	2343	8561	15733	25741					52378	44500	7878
Cost of Sales
Purchases	15700	15318	19476	24999					75493	70500	4993
Direct Labour	4316	4399	4254	6431					19400	19400	0
Raw material stock	2700	199	(2159)	(4440)					(3700)	(3700)	0
Work in progress	(1400)	1477	1824	(2899)					(998)	(998)	0
Finished Goods	1795	(1442)	(2354)	(799)					(2800)	(2800)	0
Gross Profit	27882	24603	25784	28014					106283	103398	2885
Gross Profit (%)	55	55	55	55					55	56	(1)
Administrative Expenses
Rent	7500	7500	7500	7500					30000	30000	0
Rates	3750	3750	3750	3750					15000	15000	0
Electricity	313	351	257	279					1200	1200	0
Water	258	258	126	258					900	900	0
Gas	452	499	287	212					1450	1450	0
Repairs	344	12	669	725					1750	1750	0
Advertising	4913	222	2218	3412					10765	14500	(3735)
Printing	454	248	0	398					1100	1100	0
Stationery	229	388	146	437					1200	1200	0
Postage	941	874	1252	1433					4500	4500	0
Travel & Subsistence	447	2447	997	1309					5200	5200	0
Accountancy	75	75	75	75					300	300	0
Bank Charges	125	99	87	139					450	450	0
Depreciation	5551	5551	5551	5551					22204	22204	0
Actual Net Profit	2530	2329	2869	2536					10264	3644	6620
Budget Net Profit	1000	850	875	919
Variance	1530	1479	1994	1617